Morgan Stanley Maintains Equal-Weight on DigitalOcean Holdings, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Baer has maintained an Equal-Weight rating on DigitalOcean Holdings (NYSE:DOCN) and lowered the price target from $36 to $30.
October 13, 2023 | 2:05 pm
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Morgan Stanley has maintained an Equal-Weight rating on DigitalOcean Holdings and lowered the price target from $36 to $30.
The lowering of the price target by Morgan Stanley from $36 to $30 indicates a bearish outlook for DigitalOcean Holdings. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100